STAF VRELUST
ActiveSummary
STAF VRELUST has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 38% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability30▼-10
Solvency52=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.32 in 2024; short-term debt: 73.2% and cash: 12.7% of total assets), and 73.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.8%
Return on assets
0.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
9 d early
2023
9 d late
2022
on the day
2021
5 d early
2020
22 d early
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€268k▲ 0.8%
2024 · €266k
2019: €492k
2020: €508k
2021: €251k
2022: €251k
2023: €262k
2024: €266k
2019 → 2025
Total assets
€999k▲ 1.6%
2024 · €983k
2019: €1.02M
2020: €1.03M
2021: €1.04M
2022: €1.01M
2023: €1.02M
2024: €983k
2019 → 2025
Net result
€2k▼ 49.8%
2024 · €4k
2019: €45k
2020: €16k
2021: €43k
2022: €482
2023: €11k
2024: €4k
2019 → 2025
Working capital
€225k▼ 0.9%
2024 · €227k
2019: €408k
2020: €419k
2021: €204k
2022: €212k
2023: €200k
2024: €227k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€251k-€251k▲ 0.2%€262k▲ 4.2%€266k▲ 1.6%€268k▲ 0.8%
Operating result€98k-€9k▼ 91.1%€21k▲ 142%€30k▲ 40.2%€13k▼ 55.4%
Net result€43k-€482▼ 98.9%€11k▲ 2,087%€4k▼ 60.0%€2k▼ 49.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €999k
Fixed assets
€43k =
Current assets
€956k ▲ 1.7%
Equity and liabilities €999k
Equity
€268k ▲ 0.8%
Debt
€731k ▲ 2.0%
Debt's share of the balance-sheet total rises from 72.9% to 73.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€29k▼
2024 · €48k
Cash flow
€18k▼
2024 · €23k
Current ratio
1.31▼
2024 · 1.32
Quick ratio
0.27▼
2024 · 0.29
Debt to equity
2.73▲
2024 · 2.70
ROE
0.8%▼
2024 · 1.6%
ROA
0.2%▼
2024 · 0.4%
Interest coverage
1.27▼
2024 · 2.49
Debt ≤ 1 year
€731k▲
2024 · €713k
Staff costs
€608k▲
2024 · €585k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€983k€999k▲
Fixed assets21/28€43k€43k=
Intangible fixed assets21-€8k
Tangible fixed assets22/27€43k€35k▼
Land and buildings22€37k€31k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24-€1k
Current assets29/58€940k€956k▲
Stocks and contracts in progress3€736k€757k▲
Stocks30/36€736k€757k▲
Amounts receivable within one year40/41€85k€61k▼
Trade receivables40€85k€23k▼
Other amounts receivable41€1€38k▲
Cash at bank and in hand54/58€117k€127k▲
Deferred charges and accrued income490/1€2k€11k▲
Equity and liabilities
Total equity and liabilities10/49€983k€999k▲
Equity10/15€266k€268k▲
Contributions10/11€19k€19k=
Reserves13€247k€250k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€240k€242k▲
Amounts payable17/49€717k€731k▲
Amounts payable within one year42/48€713k€731k▲
Current portion of amounts payable after more than one year42€31k€35k▲
Financial debts43€200k€200k=
Credit institutions430/8€200k€200k=
Trade debts44€383k€352k▼
Suppliers440/4€383k€352k▼
Taxes, remuneration and social security45€61k€82k▲
Taxes450/3€4k€23k▲
Remuneration and social security454/9€57k€59k▲
Other amounts payable47/48€38k€62k▲
Accrued charges and deferred income492/3€4k-
Income statement
Code20242025
Remuneration, social security and pensions62€585k€608k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€16k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€638k€641k▲
Operating profit (loss)9901€30k€13k▼
Financial income75/76B€3k€12k▲
Recurring financial income75€3k€12k▲
Financial charges65/66B€19k€23k▲
Recurring financial charges65€19k€23k▲
Profit (loss) for the period before taxes9903€13k€2k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€4k€2k▼
Profit (loss) for the period to be appropriated9905€4k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€2k▼
Transfer to equity691/2€4k€2k▼
To other reserves6921€4k€2k▼
Social balance
Average headcount (FTE)908710.610.7▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €482 ▼98.9%
Net result drops to €482, the lowest in the series; recovery starts the following year.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €500kEq €508k ▲3.3%
2 profitable years in a row build equity to €508k.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1957
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Turnhoutsebaan 1582970 SchildeGround area
480 m²
Building footprint
359 m²
Volume, LiDAR
2,571 m³
Parcel 11922C0079/00F002, Flanders · tallest building 13.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TELEVISIE- & RADIO ONDERNEMING
since 19572.005.209.932
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0079/00F002 | Flanders | 480 m² | 1 · 359 m² | 13.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 48,752 EUR awarded · 48,752 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,971 EUR | 8,971 EUR |
| 2024 | 1 | 7,855 EUR | 7,855 EUR |
| 2023 | 2 | 16,270 EUR | 16,270 EUR |
| 2022 | 2 | 15,656 EUR | 15,656 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Vlaams opleidingsverlof (VOV)
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.